SEC Proposes Repeal of 2024 Climate Disclosure Rule
The Securities and Exchange Commission (SEC) has formally proposed to repeal its 2024 rule that mandated public companies to disclose specific climate-related information.
Miami Fort Lauderdale, FL, May 29, 2026 —
The Securities and Exchange Commission (SEC) has initiated a proposal to rescind its 2024 rule concerning the disclosure of climate-related information by public companies. This proposed repeal would remove the mandate for these companies to report specific data related to climate matters.
The 2024 rule, if it were to remain in effect, would have required public entities to provide detailed disclosures on various aspects of their climate-related activities and risks. The SEC’s decision to propose its repeal indicates a shift in the regulatory approach to this information, though the specific reasons for the proposed repeal were not detailed in the initial announcement.
Further details regarding the implications of this proposed repeal and the potential timeline for its finalization are expected to be released by the SEC as the proposal moves through the regulatory process.
Story summarized from the original created by Rachel Frazin on thehill.com, see more information here.
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